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Success rate alone may encourage doctors to form other kind of risk preference in general. The fundamental issue is huge information asymmetry with different co
by LiweiZ 13y ago
Success rate alone may encourage doctors to form other kind of risk preference in general. The fundamental issue is huge information asymmetry with different conditions. I guess there is not a simple solution to this. However, different simple solutions from different levels may benefit both good doctors and patients. Doctors and their organizations has much bigger power than patients do. Information could be something powerful to make the situation better, but not even close to perfect.